Word: demand
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Dates: during 1960-1969
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...Supply, Demand and Human Nature
Cynics argue that the speculative trend is inevitable until the law of supply and demand is repealed and human nature changes. But responsible men have begun to worry. Both Funston and American Exchange President Ralph Saul have warned their member brokers not to abet ill-advised speculation; in some cases the exchanges have stopped trading in risky stocks temporarily or require 100% margin. Giant Merrill Lynch, Pierce, Fenner & Smith recently dusted off an advertisement that reminds investors that Wall Street runs two ways. Securities & Exchange Commission Chairman Manuel F. Cohen has his investigators scrutinizing for possible fraud 45 companies whose...
Such African leaders as Kenya's Jomo Kenyatta and Tanzania's Julius Nyerere claimed to have more pressing business at home. All the Arab chiefs stayed away because several of the black African countries had not supported their demand for an Israeli withdrawal from occupied Arab territory. But, surprisingly, more heads of state showed up than at last year's meeting in Addis Ababa, among them Ethiopia's Haile Selassie, Zambia's Kenneth Kaunda, Ghana's Joseph Ankrah and Uganda's Milton Obote...
...armed forces in the wake of the war, Amer was arrested last month with 50 other officers on charges of plotting against Nasser. As Nasser's semiofficial mouthpiece Al Ahram rather fancifully reported it, Amer had planned to seize command of Egyptian troops on the Suez Canal, demand full reinstatement for himself and the 800 officers who were arrested or sacked as part of Nasser's postwar effort to find a scapegoat for his shattering defeat. If Nasser refused, the story went, Amer would march on Cairo and set up a revolutionary council to run the country...
These lingering difficulties are too small to sustain increased demand for U.S. oil. Having stepped up its output by 12% (to a record 9,400,000 bbls. a day in August) to help meet Western Europe's needs, the U.S. now faces a problem of oversupply. One result was an order last week by the Texas Railroad Commission, which cut the maximum allowable output per well from 54% to 46.7% of capacity. By December, oilmen expect that the limit will shrink to its pre-crisis norm...